E Point Perfect

Ripple CEO’s Meeting with CFTC Commissioner Sparks Flurry of Speculation

article image

Alex Dovbnya

Ripple CEO Brad Garlinghouse has had a meeting with CFTC Commissioner Caroline D. Pham

Caroline D. Pham, an American attorney who serves as a commissioner of the Commodity Futures Trading Commission (CFTC), has had a meeting with Ripple CEO Brad Garlinghouse, according to a recent tweet.

Pham says that visiting Ripple Labs was part of her “learning tour.” Garlignhouse claims that it was “an absolute pleasure” to welcome her to his company’s offices.       

The CFTC commissioner attracted the adoration of the XRP community. Many of its members also did not miss an opportunity to take a dig at the U.S. Securities and Exchagne Commission (SEC), which is known for having a more aggressive approach to regulating crypto compared to its sister agency.    



There are also those who believe that the timing of the meeting might not be a coincidence. Some XRP fans went as far as speculating that the CFTC may become the token’s primary regulator, which means that it would be classified as a commodity.

As reported by U.Today, Ripple and the SEC filed their motions for summary judgement last week, calling for an immediate ruling. The parties want District Judge Analisa Torres to make a ruling without moving the case to a trial.         

Source link

Related posts

$149 Million Lost to Crypto Market Liquidations; Here’s Who Partly Sold BTC

More Than 500 Million New Consumers Might Buy Crypto by 2030: Report

Cardano Testnet Is Looking Good and Behaves as Expected, Says Stake Pool Operator

This Whale Buys SHIB Worth $22,2 Million in One Week: Details

ADA Can Now Be Purchased via Bank Card on Biggest Cardano NFT Marketplace

Someone Is Buying Enormous Volumes of Ethereum and No One Knows Why